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Elon Musk’s net worth has declined by $75 billion in 2025, according to the Bloomberg Billionaires Index, dropping to $357 billion from $432 billion at the end of 2024 [1]. This sharp reduction contrasts with gains by other billionaires such as Larry Ellison and Mark Zuckerberg, who have both seen their fortunes rise amid an AI-driven market rally [1]. Tesla’s stock has fallen by more than 18% this year, driven by declining sales in key markets and questions over the company’s long-term viability [1]. Political tensions with former U.S. president Donald Trump and incidents of vandalism against
locations have further exacerbated the company’s challenges [1].The only billionaire to experience a similarly significant reduction in net worth is Bill Gates, though the nature of his decline is markedly different [1]. In July 2025, Gates’ net worth dropped from $175 billion to $124 billion overnight due to a recalibration of the Bloomberg Billionaires Index to reflect his ongoing charitable contributions [1]. The adjustment was made to align with Gates’ public commitment to donate nearly all of his wealth to the Bill & Melinda Gates Foundation [1]. Gates has stated that the foundation’s $200 billion endowment—comprising current assets and projected growth—must be spent within the next 20 years before the organization shuts down permanently [1].
While Musk’s wealth has been eroded by external market forces and internal company struggles, Gates’ reduction is a deliberate act of philanthropy [1]. The contrast between the two billionaires highlights divergent approaches to managing immense wealth—one shaped by market volatility and political turmoil, the other by a strategic and intentional effort to address global challenges [1]. Musk has shifted his focus back to Tesla, stepping away from the Department of Government Efficiency and navigating a complex landscape of investor expectations and brand protection [1].
Meanwhile, other billionaires have seen relatively stable or even rising fortunes. Jeff Bezos and Larry Page, for example, have experienced modest changes in their net worth compared to Musk’s massive decline [1]. The disparity underscores the uneven impact of economic and technological trends on different sectors of the global economy [1].
As the year continues, Musk faces pressure to stabilize Tesla’s performance and rebuild relationships in the political sphere [1]. Gates, on the other hand, remains focused on philanthropy, urging other wealthy individuals and governments to join in efforts to address global issues [1]. The two figures represent contrasting narratives in the world of high-net-worth individuals—business resilience versus altruistic divestment [1].
Source: [1] title1.............................(https://finance.yahoo.com/news/only-person-whose-net-worth-112927008.html)

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